Currently I have 4500 invested in personal stock picks and 3000 in margin. I put 1k into bank of America, 1k in vanguard growth fund (VOOG) and 1k into a 3 times leveraged s & P fund (SPXL)
I plan on letting the money just sit for a long time in these 3 areas.
Is there anything I'm missing that makes this a stupid idea? (besides the obvious fact that my positions might go down)
Submitted January 27, 2017 at 03:21PM by BoltingUpSince91 http://ift.tt/2kaWq7Q